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Chapter 920 Explanation

"Okay, Sun, you and Maniel are good friends and collaborators, so you and I are not outsiders.

Manuel has conveyed your investment plan to me, and I am very interested. Our time in China is very limited this time, so please feel free to express your thoughts directly. "

After the pleasantries, Abdulla put forward his request straight to the point. It can be seen that he is a person who likes to do things quickly and neatly.

"Dear Your Highness the Prince, I heard from Maniel that your country is now vigorously developing tourism. I happen to have a company under my name that is engaged in tourism and related industries, so I want to..."

Abdullah was happy, and Sun Dahai was certainly not unambiguous. He began to explain why he planned to invest in building a landmark luxury hotel in Dubai.

Since Maniel was selected to join the China delegation because of his economic cooperation with Sun Dahai, Sun Dahai felt that he could not let his friend go in vain. So he discussed with him and planned to work together on another project.

According to Dubai's economic development strategy, the two decided to invest in the tourism industry and build a new hotel in Dubai. However, they sent people to investigate and discovered that there are already many hotels in Dubai, either luxurious or unique, each with its own characteristics.

.

Sun Dahai and Maniel had not yet decided what type of hotel they wanted to build. When they were discussing this issue, they suddenly came up with the idea that they might as well increase investment and build a landmark, ultra-luxury hotel.

Of course, if you want to invest in building such a hotel, it is not just a hotel business. This plan will not be successful without the support of the Dubai government and royal family.

Therefore, Maniel proposed to give up control of the project and ask His Highness Prince Abdullah to take the lead and complete the project with the Dubai government and royal family as the main body.

After Sun Dahai finished speaking, he raised his head and looked at Prince Abdullah calmly, waiting to accept his question.

These words are both true and false, and can be deduced from the results. Of course, Sun Dahai will not tell Abdullah and Maniel. Whenever he mentions Dubai, his first reaction is that the city has not yet appeared.

Burj Al Arab.

Even in reverse reasoning, the ideas explained by Sun Dahai were very clear and in line with the normal way of thinking of investors. Therefore, Prince Abdullah did not question his investment motives at all, but instead talked about other things.

"Sun, thank you very much for your optimism about Dubai's future development prospects and your trust in me.

However, as far as we know, you seem to be more willing to control your own investment projects. My brother may not have enough funds, but with your financial strength, you have no problem independently bearing all the costs of this project. Why did you agree to Maniel's suggestion?

, what about giving up control of this project?”

Can I tell you that this project seems to be hot in the future, but because the cost is too high, the profit margin is relatively low, so it is not a good money-making project?

Sun Dahai curled his lips, but replied seriously: "Dear Your Highness, I am an investor. In my eyes, there are three types of projects worth investing in. The first type is projects with short-term benefits.

, I will move in and out quickly, and take a short-term speculation.

The second type is projects with promising long-term prospects and huge development potential. For such projects, I will make long-term investments, but will not participate in the operation and management. Instead, I will let the project initiating team freely develop. I will be on the side

Enjoy the dividends brought by the development of the project with peace of mind.

The third type is my main project. For such a project, I will seek a controlling stake in the early stage of development and instill my own business philosophy and development strategy into the project. After the project is on track, I will slowly let it go.

.

The hotel project in Dubai should be classified into the second category. I currently have several hotels under my name, but the operation and management of hotels are not my development direction. They are just ancillary industries when I develop tourism agriculture.

Therefore, I am not pursuing a controlling stake in hotel projects.

In addition, if I just invest in building a top-notch hotel, it would be relatively simple. But if I want to build this hotel into a landmark building, I must combine the local history, culture, future development direction and many other factors.

Landmark buildings are closely integrated with the local natural and cultural environment. I believe that only those who are truly familiar with it, understand it, and love it can make it the best it can be.

Therefore, when Maniel suggested that His Highness the Prince should take the lead in organizing the implementation of this project, I supported it with both hands."

Prince Abdullah nodded with satisfaction. He looked around and asked other people for their opinions.

The business representative of the inspection team asked the prince for instructions, and after obtaining the agreement, he asked Sun Dahai: "Mr. Sun, if you are not seeking a controlling stake, can you explain your other requirements for this project.

We all know that your business's cash flow is very abundant, so there is no need to examine the payment issue. What I mean here is how many shares of the project you hope to obtain and what position you want to obtain in the project to ensure your investment rights."

Sun Dahai thought for a while and replied: "I, or Maniel and I are a partnership, and plan to obtain 10% of the shares of this project. We hope to obtain a seat on the board of directors, with Maniel serving in name.

"

The business representative said: "10% of the shares is more appropriate. It seems that you have considered it more comprehensively." He turned to Abdullah and said, "Your Highness, I have no other questions. I think it can be considered.

This is their proposal."

Abdullah laughed, stood up from his seat, and said: "Sun, and my dear brother, you can prepare a formal proposal when you go back and hand it directly to my assistant. I will ask him to follow up.

The next step is to work on it.”

Seeing him standing up, everyone stood up too. His assistant put his right hand on his chest, bowed to Sun Dahai and Maniel, smiled kindly, and said nothing.

"Okay, okay, everyone, please be casual. Just rest here for ten minutes and prepare to receive the next group of guests." As he spoke, he put his arm around Maniel's shoulders, walked to the side, and at the same time said to Sun Dahai.

He winked.

Sun Dahai understood and walked over. How could the others not understand? They all consciously gathered in the far corner and communicated with each other in low voices.

Sun Dahai and the other three walked to the other side. Maniel lowered his voice and asked excitedly: "Dear brother, does our plan pass the test?"

In order to take care of Sun Dahai, Maniel still used English when talking to Abdullah.

Abdullah nodded, suddenly straightened his face and said, "Actually, you have made a very serious mistake, you know?"

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